Savers Value Village Q4 Prel. Sales Rise 5%

(RTTNews) - Savers Value Village, Inc. (SVV), a for-profit thrift operator, Friday reported preliminary sales of $401.99 million for the fourth quarter, 5 percent higher than the same quarter a year ago.

On average, 7 analysts expect the company to report sales of $397.04 million for the quarter. Analysts estimates typically exclude special items.

Comparable store sales for the fourth quarter increased 1.6 percent.

For the full year, preliminary sales increased 2.5 percent to $1.54 billion.

For the year, the company continues to expect adjusted EBITDA, or adjusted earnings before interest, taxes, depreciation, and amortization of about $290 million to $300 million.